ECB to remain cautious as inflation rises and geopolitical instability threatens energy price volatility
Emeritus Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory firm. Inflation in the Euro Area rose to 1.9% in February, up from 1.7% in January, marking a modest but notable pick up in price growth. While inflation remains just below the European Central Bank’s 2% target, the disinflation phase is evidently…
